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8908WS WALSALL LEASEHOLD: £267,950 UPMARKET COFFEE SHOP & DELI

Asking Price: GBP 267950
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Business Location: United Kingdom » Walsall » WALSALL 
Category: Food » Cafes & Restaurants
Description:
Advent Business Sales are delighted to offer
to the market this business, which has
undergone an extensive property
modernisation programme at a cost in the
region of £120,000.
The result has been in creation of a very
stylish coffee-house with a delicatessen. It
has also resulted in a very rapid growth in
average weekly takings from a standing
start 6 months ago to a figure in excess of
£4,000 per week and rapidly growing.
The owners have reluctantly decided to sell
due to growing pressures of a young family.
No expense has been spared from the
comfortable leather seating to the counter,
tiled floors, suspended ceiling (with lights) to
the stainless steel kitchen.
It has resulted in an atmosphere that is
relaxing and calming, especially with the
quality classical music.
The menu changes accordingly to the season.
The business provides the following:
• Breakfasts
• Cakes
• Coffee – ethnically produced
• Tea
• Juice
• Sandwiches and baguettes
• Wraps
• Salads, olives and soups
• Jacket potatoes
• Mezzaluuas
• Paninis
• Corporate buffets
• Organic bread on Friday and
Saturdays
• Gluten free products
• Daily specials
• Quality ice creams
In addition, they retail quality products
including:
• Hampers and individual gifts
• Cheeses
• Dressings and olive oils
• Olives
• Marmalades
• Preserves
• Cookies and crisps
The décor, signage, displays, literature,
product ranges have all been thought
through to create a corporate identity with
customer experience and satisfaction to the
fore front.
Our client provides outdoor catering with
four corporate lunches per week, a hamper
service and themed evenings.
Recent theme evenings (two have been
conducted so far – 1 a month) have included:
Two French and one Thai. These have
proven extremely popular as they have sold
out within a matter of days (36 covers
maximum).
The venue can also be hired out.
The customer base consists of parents after
dropping children off at school, children and
lunchtime business people.
Trade is so brisk that customers are actually
ringing in to reserve tables during normal
trading hours.
Advertising has been conducted in a local
paper and within a high quality local
magazine/publication.
Staffing levels consist of nine part timers
and one full time owner.
The business has proved such a success that
top quality local artists have asked if they
could display their art within the premises –
this has resulted in additional revenues.
It must also be noted that the vendor is in
current negotiations for providing corporate
hampers to businesses.
In our opinion, one will be hard pressed to
find such a quality business in a great
location offering huge potential to expand
further – all with a recently fully
modernised premises.
Early viewing is highly recommended in
order to avoid disappointment
REF: 8908WS
EXPANSION POTENTIAL
This highly popular going concern is
undergoing increments in takings on a
weekly basis. There are however several
other areas that can boost takings such as:
1. Opening Saturday nights and Sunday
during the day
2. Applying for an alcohol licence
3. Retailing new products
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2000
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 09 PT
No of trading hours: Mon-Sat: 8.45am - 5pm
Reasons for selling:
The owners have reluctantly decided to sell due to growing pressures of a young family.
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